Asset protection empowers you to enjoy confidence in
knowing that your estate, your wealth and your legacy are protected. There are countless
benefits that asset protection strategies by Joe B Garza have to offer. We’ll
explore three of the most popular ones in the simple points that follow, so you
can better understand why you want asset protection methods in place sooner as
opposed to later.
Creditor Shield
You never know what can happen. A common mistake made by
many is in the improper setup of their companies. This often exposes them to liability
risks from lawsuits and creditors. Furthermore, it also exposes their estate
and their wealth to liability when it is not properly veiled from these hawkish
attempts to take your wealth. With asset protection in place, you won’t have to
worry about this.
Estate Planning
A poorly planned estate can quickly turn into a nightmare
after you are gone. It can get tied up in probate court for years upon end. It
can create havoc between relatives who start fighting for your wealth. With
proper estate planning, you can pass more wealth on to your loved ones, and you
can discern who receives what and when.
Minimizing
Taxation
With estate taxes at all time highs, it’s never been more
important to properly plan your estate. With adequate methods in place, you can
ensure that tax liability on your estate is greatly minimized. This enables you
to pass more of your hard earned wealth on to your family after you are gone,
while preserving your legacy.
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